By Surojit Chatterjee, Chief Product Officer In order to scale our business and fulfill our vision of increasing economic freedom in the world, we need the ability to do more with our resources. That’s why we’re creating a new Platforms team across our Product and Engineering orgs, and have hired two exceptional leaders for this...Read More
By Patrick O’Grady In June, we launched Rosetta as an open-source specification that makes integrating with blockchains simpler, faster, and more reliable. There are now 20+ blockchain projects working on a Rosetta implementation (Near, Cardano, Celo, Coda, Neo, Tron, Handshake, Oasis, Cosmos, Decred, Filecoin, Ontology, Sia, Zilliqa, Digibyte, Harmony, Kadena, Nervos, and Blockstack), five in-progress...Read More
At Coinbase, we believe that the best people to help us create the future of finance are the ones who will be the most affected: young people like our college Crypterns. Whether it is a remote or an in-person crypternship experience, our Coinbase interns develop & ship high-priority projects over the course of their 12–16...Read More
Starting immediately, transfer UNI into your Coinbase Pro account ahead of trading. Support for UNI will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of...Read More
By Raj Jain, Head of Stablecoin USD Coin, the world’s leading fully-backed, regulated stablecoin, recently reached $2 billion in market cap. To celebrate this major milestone, we’re issuing a Request for Startups. Join us in creating an open financial system with greater access and inclusion for all. Just two months ago, in July, USD Coin...Read More
By Surojit Chatterjee, Chief Product Officer Some people say you should measure time in a startup in terms of dog years — every year is like seven normal years. By that measure, I’ve already spent in Coinbase almost as much time I spent at my last role at Google. And it has been a crazy...Read More
Singapore authorities have sentenced a man for robbing a Bitcoin investor of S$365,000 (U.S $267,097) in cash, to three years in prison, and 12 strokes of the cane yesterday, according to a report in The Straits Times. The accused, Jaromel Gee Ming Li, 29 pleaded guilty to engaging in a conspiracy to commit robbery along...Read More
On Monday, September 14, transfer YFI into your Coinbase Pro account ahead of trading. Support for YFI will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Per previous launches, transfers will open during business hours, Pacific time. One of the most common requests we receive from customers is to...Read More
On Monday, September 14, transfer LRC into your Coinbase Pro account ahead of trading. Support for LRC will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Per previous launches, transfers will open during business hours, Pacific time. One of the most common requests we receive from customers is to...Read More
Hodling as a strategy to drive up prices is still as relevant as 2016 and early 2017. A third of UK companies had stockpiled Bitcoin in 2016, well ahead of the anticipated bull run. Their reason was protection against hacking and ransomware attacks, however, the risk is higher with Bitcoin’s involvement. This Hodling incident was...Read More
Stablecoins have added $100 million a day in market capitalization over the past three months. Tether has contributed to this market cap with a trading volume that is 1.84 times that of Bitcoin as of September 7, 2020. However, this is only the tip of the iceberg. Tether reserves on exchanges, that were primarily used...Read More
Former project manager at now defunct crypto investing firm Bitsonar, Yaroslav Shtadchenko, has filed a complaint with the U.S Federal Bureau of Investigation (FBI) accusing his former employer at Bitsonar of fraud. The accused, Bitsonar’s founder, Alexander Tovstenko, who was also a former clerk at the Ukrainian government hired Shtadchenko in 2018 “to provide consulting...Read More
Bank of Japan (BoJ), one of Japan’s central banks, has put the development of a central bank digital currency (CBDC) on top priority since July, according to a report in Japan Today. As per the report, members of BoJ hoped to see its digital currencies operate seamlessly during times of natural disasters and especially during...Read More
Many times, perpetual markets have outpaced spot markets for a multitude of reasons. High leverage is the primary driver of growth. It brings in new buyers and traders. Traders look for options like margining in crypto instead of fiat, and no expiry, as opposed to dated futures. This makes perpetual swap lucrative. To top this...Read More
Coinbase Around the Block sheds light on key issues in the crypto space. In this edition, Justin Mart explores the synthetic asset landscape as well as other notable news in the space. Today, most Decentralized Finance (DeFi) applications look like copies of traditional financial products. You can swap one token for another, borrow or lend...Read More
San Francisco-based venture company Blockchain Capital filed a lawsuit against another similarly named Florida based firm on Thursday for infringement on its trademark. The other company which goes by the name Blockchain Capital. Management LLC (BCM) was owned by one Fareed Iftikhar whose company also operated in the financial services sector. According to case papers...Read More
Tether has become more mainstream than ever. It ranks third with a market capitalization of $13.7 B with its market dominance having increased by 2.9% since August 31, 2020. Source: CoinMarketCap However, this level of dominance and explosive growth makes it an outlier in stablecoins. Tether was introduced as the ‘digital dollar’ for facilitating entry...Read More
Brazil Central Bank President, Roberto de Oliveira Campos Neto, announced that plans to have a digital currency by 2022. In an interview with Bloomberg Markets’ Editor, Erik Schatzker, Neto said that Brazil’s central bank digital currency or CBDC will modernize the country’s banking system. According to Neto, Brazil’s central bank leadership in 2019 led to...Read More
A judge in the Seoul Central District Court today announced a ruling regarding a lawsuit filed by three users of Bithumb Korea who claimed $126,000 and $38,000 for damages citing data leaks during a 2017 Bithumb hack. The ruling is said to hold Bithumb partially liable for the damages claimed by the users. Local news...Read More
Starting today, Coinbase supports Celo (CGLD) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store CGLD. CGLD is available in all Coinbase-supported regions. Coinbase is listing Celo under the CGLD ticker symbol. This is temporary and does not affect the asset or participation...Read More
BiLira (TRYB), Turkey’s first stablecoin which is backed by the Turkish fiat currency lira announced on twitter that the token has been listed on the Bittrex Global crypto exchange. The announcement detailed that the ERC-20 token will be available for trading starting from today. Global Bittrex, a U.S based cryptocurrency trading platform, also joined the...Read More
On Friday, September 4, transfer UMA into your Coinbase Pro account ahead of trading. Support for UMA will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Per previous launches, transfers will open during business hours, Pacific time. One of the most common requests we receive from customers is to...Read More
BTC futures were first launched in December 2017, and their initial performance was contrary to the hype that surrounded it. Market expectations ranged from a sudden climb in BTC spot price to increase liquidity on spot exchanges. However, the two most popular Bitcoin futures exchanges – CME and CBOE faced two different fates. Before CME’s...Read More
Daemon Technologies, a firm based in Hong Kong, will now drive the adoption of Stacks technology to support cryptocurrency mining communities in Asia according to its launch tweet. Excited to announce my next chapter in the @blockstack and #stacks ecosystem! https://t.co/JRdZPeDwhi — Xan Ditkoff (@XanDitkoff) August 31, 2020 The firm stated that Asian mining communities were...Read More
By Brian Armstrong, CEO and Co-Founder As Coinbase continues on its path to growing the cryptoeconomy and creating an open financial system for the world, we’ll look to leaders and experts from a range of fields to help guide us. Of primary importance is our Board of Directors. We look to our Board members and...Read More
Cryptocurrency is a virtual or digital currency secured by cryptography, making it nearly impossible to counterfeit or double spend. They use decentralized technology, enabling you to make secure payments and keep your money without needing to use your name or logo through a bank. They run on a blockchain, a distributed public ledger, a record...Read More
On Monday, August 31, transfer CELO into your Coinbase Pro account ahead of trading. Support for CELO will be available in all Coinbase’s supported jurisdictions. Per previous launches, transfers will open during business hours, Pacific time. One of the most common requests we receive from customers is to be able to trade more assets on...Read More
Altcoin prices were making a comeback this week, while Bitcoin and Ethereum price trends were mixed. Among the top 25 altcoins by market capitalization, only 7 showed positive 24h change in their price. Altcoins with large market capitalization may slow down the ongoing rally. On Deribit (an exchange that commands over 70% of open interest),...Read More
Today, we’re sharing the next phase of our European journey by announcing new leadership for our European operations. Marcus Hughes, who currently serves as General Counsel for our international operations, has stepped into the role of General Manager for Europe. In this role, he will be responsible for continuing to scale our operations across Europe,...Read More
If you’ve been in the crypto sphere for a while now, then you can relate to how hard it is to keep up with all the updates and developments. This is because the crypto space moves at hyper-speed and comes with so many changes one needs to adapt to just as quickly. Books about cryptocurrencies...Read More
